Residential Income

Shell Lake, WI Residential Income Properties for Sale

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Sarona, WI Spooner, WI Barronett, WI Rice Lake, WI Trego, WI Stone Lake, WI Cumberland, WI Springbrook, WI
Mixed-Use Building with Restaurant
Updated: Oct 2
Mixed-Use Building with Restaurant

36 5th Avenue, Shell Lake, WI 54871

$219,500
2,788 sqft 0.11 AC lot
2,788‑square‑foot mixed‑use property on 0.11 acres
Restaurant space includes a full liquor license, walk‑in cooler and freezer, and equipment
Two‑bedroom apartment above the restaurant with kitchen, laundry area, and two walk‑in closets
Updates include roofing, flooring, select plumbing and electrical, lighting, booths, and restaurant equipment
Built in 1920
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Restaurant and Apartment Mixed-Use Property
Updated: Oct 4
Restaurant and Apartment Mixed-Use Property

36 5th Ave, Shell Lake, WI 54871

$219,500
3,108 sqft
2,788‑square‑foot mixed‑use property with restaurant and two‑bedroom apartment
Apartment includes kitchen, dining area, living room, bathroom, laundry area, and two walk‑in closets
Restaurant equipment included, including a walk‑in cooler and freezer
Full liquor license
Updates include roofing, flooring, select plumbing and electrical, lighting, booths, and restaurant equipment
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Shell Lake, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Campground With Bar and RV Sites
Campground With Bar and RV Sites

2801 22nd St, Rice Lake, WI 54868

$750,000
2,500 sqft 5.20 AC lot

Multi-use campground with seasonal RV accommodations, bar operations, lodging, event facilities, and supporting site improvements.

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Two-Unit Duplex
Two-Unit Duplex

817 Scribner Street, Spooner, WI 54801

$175,000
2,800 sqft 0.30 AC lot

Upper and lower apartments provide a three-bedroom layout above and a two-bedroom layout below.

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Remodeled Four-Unit Quadplex
Remodeled Four-Unit Quadplex

36 W Eau Claire Street 1-4, Rice Lake, WI 54868

$350,000
2,728 sqft

Updated multifamily property with varied unit layouts and convenient pedestrian access to downtown services.

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Mixed-Use Property with Laundromat
Mixed-Use Property with Laundromat

27751 County Road A, Spooner, WI 54801

$675,000
3,340 sqft 10.20 AC lot

Commercial and residential components include operating businesses, rental units, storage buildings, and a drive-up window.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Lakefront Building Lot
Wooded Lakefront Building Lot

Marl Road, Spooner, WI 54801

$139,900
5.01 AC lot

A 5+ acre wooded lot with extensive shoreline on Rice Lake, suited for a cabin or home build.

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Wooded Lots Near Big Sand Lake
Wooded Lots Near Big Sand Lake

Fosmo lot: 5, Webster, WI 54893

Contact for pricing
1.59 AC lot

Wooded lots with lake access easement near Webster, Wisconsin.

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Wooded Lots Near Big Sand Lake
Wooded Lots Near Big Sand Lake

Fosmo lot: 4, Webster, WI 54893

Contact for pricing
1.51 AC lot

Wooded 1.51-acre lots with lake access easement for sale.

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Wooded Lots Near Big Sand Lake
Wooded Lots Near Big Sand Lake

Fosmo lot: 3, Webster, WI 54893

Contact for pricing
1.53 AC lot

Wooded lots with lake access easement near Webster, Wisconsin.

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Shell Lake, WI Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Shell Lake, WI on our real estate platform. These investment opportunities span a total of 5,896 square feet of properties for sale, with an estimated market value of $439,000.

Sale prices for residential income properties in Shell Lake, WI average $219,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 3,323
Population Growth (5Y) +11.0%
Median Household Income $70,100
College Educated 32.3%

Taxes & Financing

Tax Rate (average for all types) 1.28%
Tax Rate vs County Average 0.12 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washburn County

New Delisted

Total CRE Inventory on Market (SF)

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